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  • GC holder

    Hi:

    Can a green card holder also have residence in another country.
    I have a friend who has a biz in the US, and also in one latin american country. For tax purposes, it is convenient for him to have residence in the latin american country (less tax for residents).
    He would spend about 3-4 months per year in latin america, the rest of the year in the USA.
    He does not want to become USC, because he would loose his original citizenship, and he plans to return to his home country some 10 years from now.

  • #2
    Hi:

    Can a green card holder also have residence in another country.
    I have a friend who has a biz in the US, and also in one latin american country. For tax purposes, it is convenient for him to have residence in the latin american country (less tax for residents).
    He would spend about 3-4 months per year in latin america, the rest of the year in the USA.
    He does not want to become USC, because he would loose his original citizenship, and he plans to return to his home country some 10 years from now.

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